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Polish PGNiG starts drilling new production well in Pakistan

PGNiG Operating Branch in Pakistan is carrying out work in the Rizq licence area, north of Rizq-1 well, which was brought on stream in November 2016. A year later, another well, Rizq-2, was drilled.

read more... 10/07/2019

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Equinor, partners ink deal for 200 MW of floating wind off S Korea

Norway’s Equinor ASA Korea National Oil Corporation (KNOC) and Korea East-West Power Corporation have signed a consortium agreement for the development of a 200-MW floating offshore wind project in South Korea.

read more... 10/07/2019

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Daily (09.07.2019): European spot power prices rose by over 20% on Monday, due to low wind supply and tight nuclear capacity

Crude oil prices steadied on Monday as Iran’s nuclear program offset worries about global oil demand growth. As a result, Brent crude dropped by 0.2% to $64.11 a barrel, while WTI futures added 0.3% to settle at $57.66 a barrel.

read more... 09/07/2019

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Greece completes second renewables auction

Greece has closed a second round of competitive bidding for solar and wind farms for around 330MW of capacity.

read more... 09/07/2019

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Price of Romanian natural gas has become 33 pct higher than import gas price, in June

The price of natural gas domestic production has increased by 33 percent as compared to that of import gas in June, according to data published by the Romanian Commodities Exchange (BRM) and analyzed by AGERPRES.

read more... 09/07/2019

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